The government of Daniel Andrews has announced a surprising move in relation to the record-breaking top billionaire.
Australia’s largest gallery will be known as The Fox: NGV Contemporary after raising $100 million from billionaire Lindsay Fox and her family.
Described as Melbourne’s answer to the Eiffel Tower, the building will be the third site of the National Gallery of Victoria (NGV), featuring more than 13,000 square meters of dedicated showroom for art and design, and built in the heart of Southbank behind NGV International.
The new gallery is part of a $1.7bn investment from the Andrews government to transform the Melbourne Arts Precinct, while the Ian Potter Foundation had previously committed $20 million.
Making the announcement on Tuesday, Creative Industries Minister Danny Pearson described the gallery as “a gem in the Victorian crown” and “one of the greatest cultural projects in Australian history”.
He also thanked the Fox family for their generosity.
“This is a great gift for Victorians and we thank Lindsay and Paula Fox and their families for their vision and generosity,” said Pearson.
“Philanthropy can change cities and NGV Contemporary will be a true game changer – one of the largest galleries dedicated to contemporary art and design in the world and a global architectural icon.”
Mr Fox, founder of logistics company Linfox, and his family’s $100 million donation is the largest cultural gift by a living donor to a capital program ever created for an Australian art museum.
It comes after years of contributing to NGV, of which Paula Fox is also a Board Member of the Foundation.
“This prize is the culmination of years of passionate support for NGV, its acquisitions, and its broader program,” he said.
“We hope that the donations we make can inspire others to support this program to make this an icon for the future.”
The naming announcement was also made on Mr Fox’s birthday, although Mr Pearson explained that the state had accepted a more generous gift.
“It may be Lindsay’s birthday, but it’s a wonderful gift for Victoria,” he said.